trading news using futures

Discussion in 'Trading' started by baron193, May 3, 2006.

  1. Any inputs on trading news releases using currency futures as instrument ?
    I,ve read in one of the searches, that account funds are secured
    against bankrupcy of the firm, is that correct with all firms US based or otherwise ?
    Do you experience widening spread & slippage during high volatility ?
    My forex trading with a MM (OANDA) has been a good expirience.
    But, as i'm becoming profitable & my trading style is closer to scalping i think it wise to look for alternatives.
    Any suggestions on brokers etc ?
    Thank you in advance.
     
  2. Fighter

    Fighter

    I may have suggention about Forex.

    could you explain a little about trading news releases using currency futures as instrument ?

    what is slippage? can you give me difinition here. I am not familiar with it in English.
     
  3. Hi fighter, trading news releases in forex i use 1 min charts,
    cnbc for the number (allthough thats not always important),
    & immediate levels of support & resistance.
    Slippage means that your market order gets filled at a higher/lower range than normal because price is moving too fast.
    You can choose the range of your market order, but it would never get filled in a fast moving market.
    Hope that explains it & thank you for your reply.